Are you planning to spend more or less on food and beverages in the next 12 months?

A 2023 survey across 18 markets worldwide revealed that about a quarter of consumers intended to spend less money on food and beverages (excluding alcohol) in the next 12 months. About 41 percent reported planning to spend about the same amount.

Future purchasing behavior for food and beverages* in the next 12 months worldwide in 2023

Characteristic	Share of responses
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Release date

June 2023

More information

Region

Worldwide

Survey time period

January 17, 2023 to February 1, 2023

Number of respondents

19,000+

Age group

16 years and older

Supplementary notes

*Excluding alcohol
Original survey question read: "Thinking about how the cost of living might impact your normal spending in the next 12 months (e.g., not spending in a holiday season), which of the following are you planning to spend more/less or the same amount in the next 12 months?"
Survey data was conducted in 18 markets worldwide with nationally representative samples from the U.S., Canada, Mexico, Great Britain, France, Germany, Spain, Denmark, Italy, Poland, Sweden, Australia, China, Hong Kong, Indonesia, India, Singapore, and UAE.

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